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Urenco and Energoatom sign contract on supply of enriched uranium

Staff Writer | August 23, 2016
Ukraine’s national nuclear energy generating company Energoatom and the Anglo-German-Dutch company URENCO have signed a contract on supply of the enriched uranium for Ukraine.
Energoatom URENCO
Energy   The enriched uranium will be in Westinghouse Company
URENCO’s CEO Thomas Haeberle and Energoatom’s President Yuriy Nedashkovskyi signed the contract at a ceremony in Kyiv. Present at the event was also the British Ambassador to Ukraine Judith Gough.

Speaking at the signing ceremony, Thomas Haeberle, CEO of URENCO, said: "In 2016, URENCO was invited to submit an offer for supply of Enriched Uranium as part of Energoatom’s competitive procurement exercise.

"URENCO is pleased that Energoatom is once again part of its global portfolio of customers and looks forward to making deliveries under the new contract in due course."

Underlining the steps that Energoatom is consistently taking to strengthen Ukraine’s energy security, its president Yuriy Nedashkovskyi said: "The contract signed today will allow us to cooperate, on a mutually beneficial basis, with one of the world leaders in production and supply of the nuclear materials – URENCO.

"The enriched uranium which the company will provide will be used to produce nuclear fuel at a facility of Westinghouse Company in Sweden for the purposes of Ukrainian nuclear power plants. This contract is another consistent step by Energoatom to diversify nuclear materials and fuel supply to meet the needs of Ukrainian NPPs."

Welcoming the signature, Judith Gough, British Ambassador to Ukraine, said: "The UK welcomes steps by Ukrainian authorities to strengthen the country’s energy security and diversity its energy supplies.

"The British government will continue to work with URENCO and Energoatom in the area of nuclear energy to achieve that aim."

URENCO is a provider of uranium enrichment services to the world’s nuclear energy industry. The URENCO Group head office is located close to London, UK.

With plants in Germany, the Netherlands, the UK and the USA, it operates in a pivotal area of the nuclear fuel supply chain which enables the sustainable generation of electricity for consumers around the world.

Utilising URENCO’s own centrifuge technology, URENCO provides uranium enrichment services for civil power generation within a framework of high environmental, social and corporate responsibility standards.

State Enterprise "National Nuclear Energy Generating Company "Energoatom" is the operator of all running nuclear power plants of Ukraine.

Energoatom provides about 55% of Ukraine’s total power output; in autumn/winter, this indicator reaches 70%.